Decision details

Acquisition of 5 Orbit Close, Finchampstead

Decision Maker: Deputy Chief Executive - Graham Ebers

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


To agree that the Council purchases 5 Orbit Close, Finchampstead and provides an equity share loan to assist the owners to purchase their replacement property.

Reasons for the decision:

To allow the regeneration of the Gorse Ride estate to proceed.

Alternative options considered:

No alternative option. The regeneration project is dependent on full site assembly, including buying back all privately owned homes.

Wards Affected: Finchampstead South;

Dispensations: N/A

Other reasons / organisations consulted


Contact: Rhian Hayes Email: Tel: 0118 974 6090.

Publication date: 29/08/2019

Date of decision: 07/08/2019